Legal Opinion
Potter v. Hughes
Court of Appeals for the Ninth Circuit
Decided October 10, 2008No. 06-56082PublishedCited by 56 opinions
1Opinion of the Court
Opinion by Judge GOULD; Dissent by Judge IKUTA.
GOULD, Circuit Judge:
In this shareholder’s derivative action, Plaintiff-Appellant Katherine Potter (“Potter”) alleges that the Defendants-Appel-lees (collectively, “Defendants”), who are managers and directors of Public Storage, Inc. (“PS”), wrongfully managed PS. The district court dismissed the action on the grounds that Potter failed to make an adequate demand on the Board of Directors of PS (“Board”) before filing her suit. We affirm.
*1054I
PS is a California corporation that is publicly traded on the New York Stock Exchange. Potter and…
2Cases cited18 opinions
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- Aronson v. LewisSupreme Court of Delaware · 1984
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3Cited by56 opinions
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